
The United States is facing a time of unprecedented challenges right now due to the novel coronavirus and a recession resulting from efforts to combat it.
During these difficult times, it's more important than ever to save money -- and to make sure you're putting that savings in the right place. Of course, there's no one right answer for where to stash your cash as there are many different types of accounts and investments that are well suited to specific situations.
If you aren't sure where the best place to put your money is, here are 12 different options.
Our credit card expert uses this card, and it could earn you $1,148 (seriously) As long as you pay them off each month, credit cards are a no-brainer for savvy Americans. They protect against fraud far better than debit cards, help raise your credit score, and can put hundreds (or thousands!) of dollars in rewards back in your pocket each year.
But with so many cards out there, you need to choose wisely. This top-rated card offers the ability to pay 0% interest on purchases until late 2021, has some of the most generous cash back rewards we’ve ever seen (up to 5%!), and somehow still sports a $0 annual fee.
That’s why our expert – who has reviewed hundreds of cards – signed up for this one personally. Click here to get free access to our expert’s top pick.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.